Author: NBTC

On October 24, 2024, several cryptocurrencies experienced notable gains, with SAFE and UNFI leading the pack, posting remarkable 65.6% and 62.5% increases, respectively. These tokens have drawn attention for their rapid growth, as the market appears to react positively to ongoing developments in the decentralized finance (DeFi) space. SAFE, currently priced at $1.65 with a market cap of $815.4 million, saw its most significant surge on Bybit, where it is actively traded. DAILY GAINERS$SAFE +65.6% $UNFI +62.5% $BZZ +52.6% #VIRTUAL +34.8% $OOKI +26.2% $RPK +23.1% $GOAT +18.6% $MBX +15.6% $JTO +11.4% $DEEP +10.6%#dailygainers pic.twitter.com/jZCHQylSbZ — PHOENIX – Crypto News &…

Argo Blockchain, the publicly listed Bitcoin miner from Wall Street (NASDAQ: ARBK) and London (LSE: ARB), has secured £4.2 million ($5.3 million) through a share subscription. The BTC mining company issued approximately 76.9 million new ordinary shares at 5.5 pence per share to an institutional investor. The fresh capital will support multiple strategic initiatives, including the potential relocation or divestment of mining equipment from its Helios facility in Texas, while maintaining Bitcoin mining operations in Quebec. The funds will also advance the company’s planned expansion into high-performance computing (HPC). Thomas Chippas, Argo. Source: LinkedIn “This subscription strengthens our balance sheet…

As Bitcoin (BTC) seeks to break through the $70,000 resistance amid renewed bullish momentum, a cryptocurrency trading expert is warning investors to be cautious. Specifically, the recent momentum that has seen Bitcoin sustain its valuation above the crucial $65,000 level has the hallmark of being a bull trap, signaling an inverted correction, Alan Santana noted in a TradingView post on October 16. In the analysis, Santana compared Bitcoin’s growth from early August to the present, highlighting that the recent 39% rise is not a genuine bullish impulse but rather a deceptive rally. Unlike the bullish move in January 2024, where…

Crypto founders are accusing the Biden administration of using America’s banking system as a weapon to crush the crypto industry. The allegations, detailed in a heated discussion on X, center on accusations that banks were pressured to sever ties with blockchain firms. The firestorm began when Elon Musk asked his X followers, “Did you know that 30 tech founders were secretly debanked?” Operation Chokepoint 2.0: Crypto’s fight against financial censorship Tyler Winklevoss, co-founder of Gemini, jumped in with a blunt answer: “Yes. I was debanked because I’m in crypto, as was Gemini. The number is probably much larger than 30.…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

According to the data provided by the Shibburn transaction tracker which monitors SHIB burn transfers, in the past day, the SHIB army has managed to push the burn rate of their favorite meme cryptocurrency to an impressive new high. That was the result of burning several million Shiba Inu meme coins. Meanwhile, despite a large spike in the burn rate, the price did not respond to it positively, staging a 3% decline. Burn rate spikes by 65,529% The aforesaid data source shows that over the last 24 hours, the burn rate has increased by a mind-blowing 65,529.67%, with more than…

BTC For Palestine is the perfect example of an endeavor powered by Bitcoin that strikes right to the heart of what Bitcoin is supposed to be all about. Money functioning without trusted intermediaries. The entire point of Bitcoin was to give people a way to transact with their money that no one could disrupt, insert themselves into the middle of, or rent seek off of. That is the exact situation Gazans find themselves in for the last year. Completely cut off from the rest of the world, incapable of making any form of payment that isn’t using cash without depending…

Congressman Michael John Flood has insisted that America is not where it aims to be in the crypto space owing to Gary Gensler’s poor handling of the sector. Gary Gensler, the incumbent SEC chair, announced earlier last week that he would resign on January 20, 2025. This development followed the emergence of Republican candidate Donald Trump as the next US president. With Trump’s inauguration date drawing closer, Nebraska’s Representative Michael John Flood believes Gensler’s underwhelming tenure has severely impacted the American dream. He insisted that the SEC boss has taken the US two decades backward. Flood Bemoans Gensler’s Crypto Tyranny…

DojoSwap, has unveiled DojAI, an advanced AI-powered platform designed to transform the Injective ecosystem. By integrating state-of-the-art technology, DojAI enables users to create customized AI agents with no technical expertise. It facilitates seamless on-chain trading, asset management, and token creation. Dojo is launching a new AI platform to bring you a #VIRTUAL like product exclusively for Injective.Launch on-chain agents, trade assets and more all powered by the latest innovations in AI. https://t.co/ZyDZfSZV17 — Injective 🥷 (@injective) December 1, 2024 This innovative launch is a significant leap forward in merging artificial intelligence with decentralized finance (DeFi). It reflects Injective’s commitment to…

Cardano founder Charles Hoskinson recently responded to the potential launch of the first-ever true permissionless layer-2 on the Cardano network. Hoskinson’s reaction comes as the network prepares to witness the launch of Midgard, a unique and fully permissionless layer-2 (L2) solution, the first of its kind in the blockchain space. Unlike many other L2 solutions across the blockchain ecosystem, Midgard looks to achieve a level of decentralization and trustlessness rarely seen, even in other high-profile networks. Anastasia Labs’ Vision for Midgard on Cardano The response from the Cardano founder follows a detailed X commentary recently shared by Philip DiSarro, the…